i-Tech Services, a Subsea 7 company, has strengthened its Underwater Inspection in Lieu of Drydocking (UWILD) capability with certification to deliver to guidelines set by American Bureau of Shipping, DNV-GL, Bureau Veritas and Lloyds Register. UWILD is required to ensure the structural and operatio
U.S. Gulf of Mexico oil company Cox Oil is set to buy all the outstanding shares of Energy XXI Gulf Coast (EGC) for $322 million. According to EGC, the agreed price is $9.10 per fully diluted share in cash, representing a 21% premium to EGC’s closing share price on June 15, 2018.
Spanish LNG player Gas Natural Fenosa and the Algerian company Sonatrach have signed an agreement to renew the gas procurement contracts from Algeria to Spain spanning to 2030.
Croatian parliament passed the law allowing the construction of the floating liquefied natural gas (LNG) import terminal on the island of Krk despite local councils’ opposition.
Lithuanian and Dutch energy companies discussed avenues for cooperation in the areas of liquefied natural gas (LNG) and renewable energy during an energy forum in the Baltic state.
US energy giant ExxonMobil is looking at the option of importing liquefied natural gas (LNG) to tackle the expected gas shortage from 2021.
Norway’s Ministry of Petroleum and Energy on Monday offered Equinor seven licences in the 24th licensing round – five operatorships and two partner positions, as part of its 24th licensing round.
Norwegian Ministry of Petroleum and Energy is awarding on Monday 12 new licenses in 47 blocks on the Norwegian Continental Shelf.
UUV Aquabotix has signed an agreement to support the United States Navy’s Forward Deployed Energy and Communications Outpost (FDECO) program as a member of the Innovative Undersea Prototype Development Consortium (iUPDC). FDECO’s publicly-stated mission is to seek to prototype a forward deployed, op
Liquefied natural gas (LNG) imports into South Korea rose 12.1 percent in May year-on-year, according to the customs data. The country received 2.8 million tonnes of LNG last month, as compared to 2.5 million tonnes in the corresponding month the year before. Qatar remained the dominant source of So
Anadarko Petroleum Corporation signed a heads of agreement (HOA) with Tokyo Gas and Centrica LNG Company for the long-term supply of LNG.
By Bachmann Kooiman The first project between Bachmann Electronic and the Kooiman Marine Group. A veritable hive of activity; that is the best way to describe daily operations at the Kooiman Marine Group’s Zwijndrecht shipyard. There are multiple ongoing projects to be seen as the yard’s slipways an
UUV Aquabotix has joined the Southeastern New England Defense Industry Alliance (SENEDIA). SENEDIA seeks to identify and coordinate issues that contribute to the national security of the United States, with a particular focus on technical innovation in undersea technologies. Aquabotix’s CEO, Whitney
US-based energy giant Chevron commenced production from the second liquefaction train at the Wheatstone LNG plant located 12 kilometers west of Onslow, Western Australia.